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Topic: Low BTC price is good for Bitcoins at the moment. - page 34. (Read 30535 times)

member
Activity: 274
Merit: 10
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''

Honestly mate,  i did buy btc for a good purpose like other did. As what we all encountered btc is good to buy at this point.
legendary
Activity: 2674
Merit: 1048
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
There are several opinions about buying bitcoin, people who don't understand before about bitcoin will be confused about when to start investing in bitcoin.

Some people think to buy bitcoin is cheap but we cannot be sure when bitcoin is at the lowest price before rising high. There is always another speculation to make sure that bitcoin prices will be lower at that time.

And some people think a good time to buy bitcoin is when you have money and then buy it without thinking the price will drop lower when you buy. This type of person is going to decide on long-term investments, so they think buying bitcoin prices from any price will be profitable. There will always be a lot of stories about investing in bitcoin, sometime I feel bored about that.
full member
Activity: 826
Merit: 111
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''

Fine.  As you say it's good for those who really wish to buy bitcoin. I would agree with you and still say anytime is good for purchasing bitcoin as I hope seeing the past growth data of bitcoin, bitcoin will certainly have good hike in  the upcoming months. Like wise all other altcoins  are showing their good growth in past ten days.  So it's better to buy now then loosing the opportunity.
member
Activity: 252
Merit: 10
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I would say that at this time you should invest in gold, you can see that although bitocin prices in the past few days are showing signs of recovery is very clear, but overall the bitcoin prices are still in the down cycle Strong, so I think you can completely invest in gold. The war in Syria has caused the gold price to rise sharply in the coming days.
legendary
Activity: 3080
Merit: 1353
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I completely agree. The more people buy bitcoin, the more they will know about it. The more people know about bitcoin, the more expensive it is.
For sure it is good if bitcoin will get famous as this way more people will involve bitcoin and they will invest so market price of bitcoin will be high and our money will grow faster,. Today it is very good time to buy bitcoin because price is not very high and the super best thing is bitcoin has started to increase now, so don’t lose the opportunity buy at very good affording price.

I always used this method to get more bitcoins, "Invest when I have the funds". I don't care about the price though, if I have extra money in my wallet, I will really try and buy as much as I want. Because based on experienced, there's no perfect time to purchase it. I still remember last year, lots of threads asking when is the best time to buy and keep waiting for the price to bottom, however, the next day is suddenly surges up and then reaches all-time-highs one after another. So if you are going to look at the current price, if you have bought it when it bottom at $6500, you already seeing profits today with the current value of almost $9000. But if you still waited and think that the price of $6500 can still go lower and will wait for it, then you already lost your opportunity.
sr. member
Activity: 1236
Merit: 252
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I completely agree. The more people buy bitcoin, the more they will know about it. The more people know about bitcoin, the more expensive it is.
For sure it is good if bitcoin will get famous as this way more people will involve bitcoin and they will invest so market price of bitcoin will be high and our money will grow faster,. Today it is very good time to buy bitcoin because price is not very high and the super best thing is bitcoin has started to increase now, so don’t lose the opportunity buy at very good affording price.
legendary
Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"
Dispute. Many on the contrary, sell their bitcoins because of its low price. Capitalization of cryptocurrency increased exactly with the growth of Bitcoin. Many to visit believe that he will rise again and, as I have already noted above, sell it.

Bitcoin seems to be a giffen good or a veblen good, in that more people are interested in it, as the price goes up.

Surely, such a public sentiment may be temporary, but any of us who have a systematic approach to attempt to accumulate BTC will tend to buy BTC as the price goes down in order to continue to accumulate BTC out of anticipation that the price is going to go up again.

In spite of some of the tax complications, there still can be systematic ways to attempt to sell small amounts of BTC in order that you do not have to come up with new cash in order to have systems in place to be able to continue to buy BTC as the price goes down (that is when it goes down).

Even though bitcoin prices are UP about 35x from late 2015 - that is up to $8,900 (currently) from the late 2015 price of about $250 - BTC prices are still down about 55% from the $19,666 high point.... Surely, today's price can seem like a bargain, even though there was more of a bargain in the $6k to $7,500 price arena... So, yeah, there is fear to buy when the price is low, in the $6k to $7,500 price arena, because of fear (or greed) that price might go lower.   Accordingly, a decent practice remains to attempt to buy incrementally as the price is going down because no one really knows when the bottom is "in"
full member
Activity: 518
Merit: 101
That's simply because the price is low and people already know what bitcoin really is. So as the price goes down so deep, people are in desperate mode to buy the dip as much as they can. For the whales, they can probably buy bitcoin by volume.
member
Activity: 238
Merit: 11
I agree that the low price of Bitcoin may attract more people if they get to consider that it is a good opportunity to actually invest.
In the other hand though, people that absolutely have no idea of the potential and the nature of Bitcoin may see the dipping as the crypto's beginning fail or something relevant to that.
member
Activity: 574
Merit: 12
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
For bitcoin, not only is its low cost quite good in that more people can buy it because of its low price. Bitcoin at low prices can not prove itself as a financial bubble. However, the lack of growth of bitcoin negatively affects all other crypto currency, because they are for some reason rigidly tied to the corresponding movements of bitcoin. This is still one of the biggest problems of crypto currency. Each type of crypto currency was issued as a closed system, which is able to exist independently. Therefore, the lack of its free market price has a very negative impact on the entire crypto currency.
full member
Activity: 364
Merit: 100
Some time bitcoin price fall give negative feed back to the users and some time new people can easily invest in bitcoin because they can buy bitcoin at low price and through this way we can become the large holders of this currency bitcoin is ever green currency if the price is low people are trying to invest in this and when  the price rise people are getting profit over their long term investment.
hero member
Activity: 1190
Merit: 534
I believe that the recent correction will not only help Bitcoin to strengthen the user base but also to grow in the long run. On the other hand, the price rally was not organic but the result of the involvement of big whales and the institutional investors. I have seen many friends who bought Bitcoin when it went down and now they are planning to hold it for the long run, they took a very good decision from an investment point of view. It is always a good thing to trail at a real price on the market wall instead of artificially blowing the price.
member
Activity: 602
Merit: 11
low price of bitcoin if good for us too,  we can buy more bitcoin with our money to makes investment, as long we trust in bitcoin will rising up we should buy bitcoin as many as we can when the price is low, we can see that last week the price of bitcoin is lower than now,and right now the price of bitcoin will back to normal price around $10000++
i think not because of low price of our reason to buy bitcoin, but indeed because bitcoin analysis is in support area so that possibility of bitcoin will change trend. then i think it's not only our feeling to buy btc
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I wish i can turn back time and buy lots of coins in this year whe the price is really low,but i dont know cryptocurrency that time..if only theres someone introduced me this i think im more than richer now..wondering how much bitcoin this moment?but today price of bitcoin cannot be afford of simple living person
full member
Activity: 364
Merit: 100
PlayGame.com
low price of bitcoin if good for us too,  we can buy more bitcoin with our money to makes investment, as long we trust in bitcoin will rising up we should buy bitcoin as many as we can when the price is low, we can see that last week the price of bitcoin is lower than now,and right now the price of bitcoin will back to normal price around $10000++
member
Activity: 210
Merit: 10
https://eloncity.io/
Dispute. Many on the contrary, sell their bitcoins because of its low price. Capitalization of cryptocurrency increased exactly with the growth of Bitcoin. Many to visit believe that he will rise again and, as I have already noted above, sell it.
full member
Activity: 413
Merit: 100
https://eloncity.io/
Low price of Bitcoins will attract new people to join the rally, now that a lot more people can afford to buy a ''Full Bitcoin''
I completely agree. The more people buy bitcoin, the more they will know about it. The more people know about bitcoin, the more expensive it is.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
I disagree, the only thing that brings new users to Bitcoin is positive media coverage.
Low prices will not cause that to happen.

Two digit inflation of major currencies will be more persuading than any positive media coverage

Last time I checked, USD is going up against most currencies rather than going down.

This is what I expected to hear, but no, I talk about true inflation that you see through the prices in your corner (or, rather, that looks at you personally). The USDX (or whatever) will be irrelevant if that should happen...
full member
Activity: 211
Merit: 100
I disagree, the only thing that brings new users to Bitcoin is positive media coverage.
Low prices will not cause that to happen.

Two digit inflation of major currencies will be more persuading than any positive media coverage

Last time I checked, USD is going up against most currencies rather than going down.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
I disagree, the only thing that brings new users to Bitcoin is positive media coverage.
Low prices will not cause that to happen.

Two digit inflation of major currencies will be more persuading than any positive media coverage
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